Prabowo orders restructuring of Indonesian state-owned enterprise subsidiaries, targeting Pertamina and PLN
President Prabowo Subianto instructed the immediate reduction of subsidiary layers within Indonesian state-owned enterprises (BUMN), specifically targeting Pertamina and PLN. The instruction was delivered during a limited meeting at his private residence in Hambalang, Bogor on the evening of August 9, 2026, directly to Pertamina's CEO Simon Aloysius Mantiri.
Detected & updated continuously · Source: Nebula
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@tijabar
Presiden Prabowo Subianto perintahkan segera pangkas anak-cucu perusahaan BUMN, khususnya Pertamina & PLN. Instruksi disampaikan dalam rapat terbatas di kediaman pribadi Hambalang, Bogor, Minggu (9/8/2026) malam, langsung kepada Dirut Pertamina Simon Aloysius Mantiri dan https://t.co/cr3lYX2xBZ
@aldotjahjadi8
Prabowo highlighted that the state's investment management agency, Danantara, has seen its revenue spike by 400% in its first year of operation. DANANTARA > THE GROWTH ENGINE.